Published On Sep 17, 2024
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Guaranteed income plans come under various names such as assured wealth plans, pension plans, or lifelong income plans. Despite the different labels, they all follow a similar structure: you pay a fixed amount for a few years, wait for a deferred period, and then receive either a lump sum or regular income in the later years. In this video, we'll break down how these plans work and explore whether there are better alternatives available.
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